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CPM software.


SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination."  Software, a provider of enterprise financial management software, has released a major upgrade to its core platform that creates the first truly integrated Corporate Performance Management (CPM) suite that is based on a single source code engine. SRC's new technology synchronizes strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  with budgeting and reporting, while adapting to virtually any network topology See topology.  and any degree of user sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
.

In addition to a new user interface that allows users to access any planning, budgeting or reporting application from one application launch point, SRC's new release offers users the same look and feel for every element of the CPM suite. Consequently, SRC said in an announcement, it "offers mid-sized and very large enterprises a significantly easier training and implementation process, shorter planning cycle times, more trustworthy plans and reports and ultimately, more control."

With SRC, enterprises can perform all of their key planning and performance management functions such as strategic planning, forecasting, budgeting, consolidations, financial reporting, scorecarding and analysis using one flexible, closed-loop platform and process. By combining an enhanced and intuitive Excel interface with enterprise-scale databases like Oracle and SQL SQL
 in full Structured Query Language.

Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results.
, SRC provides "a powerful growth path for enterprises that have exhausted the capabilities of their homegrown home·grown  
adj.
1. Raised or grown at home.

2. Originating in or characteristic of a locality: "Rock is homegrown music in the United States, evolved from blues and country and Tin Pan Alley" 
 Excel models."

Over a local area network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ) or over the Web, SRC's robust reporting and analysis capabilities ensure that users have access to all of the familiar formatting and calculation capabilities of a spreadsheet, while fielding a secure solution that scales to the needs of thousands of users whose computer and planning skills may vary from very high to very low.

SRC says it offers a variety of access methods, from robust to simple, to meet each organization's unique deployment requirements and IT topographies. Solutions can be personalized to the precise look, feel and functionality of the individual user, while maintaining the intelligent and efficient back-end system integration.

Each product module is available as a discreet offering, or the system can be licensed by suite or as a comprehensive corporate performance management solution. For more information, call toll-free at 800.544.3477.

Web: www.srcsoftware.com
COPYRIGHT 2004 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TechnologyTools; Corporate Performance Management
Publication:Financial Executive
Geographic Code:1USA
Date:Sep 1, 2004
Words:345
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